Payback Line News Today

You, sir. >> reporter: yep. megyn: well, congress today grilling the presidents right-hand man on energy about how the doe made a bad loan with a half billion dollars of your money, taxpayer dough. energy secretary steven chu on the hot seat at a hearing of the house energy and commerce committee. two burning questions on the solyndra financial catastrophe: why did he approve a $535 million loan for this company when there were red flags all over it, and why did he let private investors jump ahe...

Good morning, everybody. it is busy already. im bill hemmer. martha: glad you didnt have to go to work on wall street. it would be tough to get to your job. good morning, everybody. im martha maccallum. steven chu to face two burning questions this morning. why did he choose to approve a $530 million loan for a failing solar panel maker? bill: on back of that why was the loan restruckrd toe put the private investor ahead of the taxpayer on the payback line? james rosen has the coverage from wash...